The two questions every Singapore buyer needs answered are how much a bank will lend and how much cash they need up front. This calculator answers both. It starts from your TDSR loan capacity — 55% of gross income minus existing debts — then converts that monthly figure into a maximum loan using the standard amortisation formula at the MAS stress-test rate of 4%. It then applies the 75% loan-to-value limit and your available cash and CPF to find the highest property price you can realistically target.
Adjust the tenure and interest rate to see how they move your budget, and the tool tells you whether your income or your cash is the binding constraint — the single most useful thing to know before you start viewing. Pair the result with our stamp duty calculators to build a complete picture of your upfront costs.
Maximum property price you can afford
$1,200,000
Maximum loan (75% LTV)
$900,000
Estimated monthly instalment
$4,751
at 4% over 25 years
These figures are estimates for planning only and are not a loan offer or financial advice. They assume a 75% loan-to-value limit (25% downpayment), a 55% TDSR cap, and the interest rate you entered. They exclude Buyer's Stamp Duty, ABSD, legal fees, and the portion of the downpayment that must be paid in cash. Banks apply income haircuts and their own stress-test rate, so your actual approved amount will vary. Speak to a mortgage banker for a firm assessment.
Your budget is the lower of two limits: how much you can borrow (driven by income, existing debts and the 55% TDSR cap) and how much you have for the downpayment (since banks lend a maximum of 75% loan-to-value, you need at least 25% in cash and CPF). This calculator works out both and shows you the binding constraint.
The Monetary Authority of Singapore requires banks to assess affordability using a medium-term interest rate floor — currently 4% for residential property — rather than today's promotional rates. Using this stress-test rate gives a conservative, realistic estimate of the loan a bank would actually approve.
For a first housing loan from a bank, the maximum LTV is 75% of the property price or value, meaning you fund at least 25% yourself. Of that 25%, a minimum portion must be paid in cash and the rest can come from CPF. LTV limits are lower if you have existing housing loans or a longer tenure.
No. The maximum price shown is based on loan and downpayment limits only. On top of that you should budget for Buyer's Stamp Duty, any Additional Buyer's Stamp Duty, legal and valuation fees, and the cash portion of your downpayment. Use our BSD and ABSD calculators to estimate those taxes.
No. It is an estimate for planning. Banks apply haircuts to variable income such as bonuses and rental, count guarantor obligations, and use their own credit assessment, so your approved amount may be higher or lower. Treat the figure as a starting point and confirm with a mortgage banker.